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The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Accumulated Depreciation Land Land improvements Building Equipment Automobiles Plant Asset $ 510,000 260,000 2,300,000 1,190,000 230,000 61,000 366,000 421,000 128,000 Transactions during 2021 were as follows: a. On January 2, 2021, equipment were purchased at a total invoice cost of $340,000, which included a $7,100 charge for freight. Installation costs of $43,000 were incurred. b. On March 31, 2021, a small storage...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Plant Asset Accumulated Depreciation Land $ 450,000 $ — Land improvements 230,000 55,000 Building 2,000,000 360,000 Equipment 1,178,000 415,000 Automobiles 200,000 122,000 Transactions during 2021 were as follows: On January 2, 2021, equipment were purchased at a total invoice cost of $310,000, which included a $6,500 charge for freight. Installation costs of $37,000 were incurred. On March 31, 2021, a small storage...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2017: Land Land improvements Plant Asset Accumulated Depreciation $ 350,000 180,000 45,000 1,500,000 350,000 1,158,000 405,000 150,000 112,000 Building Machinery and equipment Automobiles Transactions during 2018 were as follows: a. On January 2, 2018, machinery and equipment were purchased at a total invoice cost of $260,000, which included a $5,500 charge for freight. Installation costs of $27,000 were incurred. b. On March 31,...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Land Land improvements Building Equipment Automobiles Plant Asset $ 350,000 180,000 1,500,000 1,158,000 150,000 Accumulated Depreciation $ 0 45,000 350,000 405,000 112,000 Transactions during 2021 were as follows: a. On January 2, 2021, equipment were purchased at a total invoice cost of $260,000, which included a $5,500 charge for freight. Installation costs of $27,000 were incurred. b. On March 31, 2021, a...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Plant Asset Accumulated Depreciation Land $ 370,000 $ 0 Land improvements 186,000 49,000 Building 1,540,000 370,000 Equipment 1,198,000 425,000 Automobiles 154,000 114,000 Transactions during 2021 were as follows: On January 2, 2021, equipment were purchased at a total invoice cost of $280,000, which included a $5,900 charge for freight. Installation costs of $31,000 were incurred. On March 31, 2021, a small storage...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2012 Plant Asset 315,000 169,568 Land Land improvements Building Machinery and equipment Automobiles 38,009 1,43e,e0e 315,e0e 1,688,00378,809 1e8,580 143,000 Transactions during 2018 were as follows a On January 2, 2018, machinery and equipment were purchased at a total invoice cost of $225,000, which included a $4.800 b. On March 31, 2018, a small storage building was donated to the company The person donating...
e plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
e plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2017 Accunulated Plant Asset Depreciation Land Land improvements Building Machinery and equipment Automobiles 350,088 180,808 1,580,888 1,158,e08 158,eee 45,888 358,8 485,8ee 112,900 Transactions during 2018 were as follows January 2, 2018, machinery and equipment were purchased at a total invoice cost of $260,000, which included a $5,500 charge for freight. Installation costs of $27,000 were incurred. three years ago for $25.000. The fair...
Return to question The plant asset and accumulated depreciation accounts of Pell Corporation had the following...
Return to question The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2017: Accumulated Depreciation points Land Land improvements Building Machinery and equipment Automobiles Plant Asset $ 500,000 255,000 2,250,000 1,188,000 225,000 60,000 365,000 420,000 127,000 Transactions during 2018 were as follows: a. On January 2, 2018, machinery and equipment were purchased at a total invoice cost of $335,000, which included a $7,000 charge for freight. Installation costs of $42,000 were incurred....
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2012: Plant Asset Accumulated Depreciation Land $ 350,000 $ 0 Land improvements 180,000 45,000 Building 1,500,000 350,000 Machinery and equipment 1,158,000 405,000 Automobiles 150,000 112,000 Transactions during 2013 were as follows: a. On January 2, 2013, machinery and equipment were purchased at a total invoice cost of $260,000, which included a $5,500 charge for freight. Installation costs of $27,000 were incurred. b. On...
Problem 10-3 (Algo) Acquisition costs [LO10-1, 10-4, 10-6] The plant asset and accumulated depreciation accounts of...
Problem 10-3 (Algo) Acquisition costs [LO10-1, 10-4, 10-6] The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Accumulated Depreciation Land Land improvements Building Equipment Automobiles Plant Asset $ 370,000 190,000 1,600,000 1,162,000 160,000 47,000 352,000 407,000 114,000 Transactions during 2021 were as follows: a. On January 2, 2021, equipment were purchased at a total invoice cost of $270,000, which included a $5,700 charge for freight. Installation costs of $29,000 were incurred....
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Accumulated Depreciation Land Land improvements Building Equipment Automobiles Plant Asset $ 510,000 260,000 2,300,000 1,190,000 230,000 61,000 366,000 421,000 128,000 Transactions during 2021 were as follows: a. On January 2, 2021, equipment were purchased at a total invoice cost of $340,000, which included a $7,100 charge for freight. Installation costs of $43,000 were incurred. b. On March 31, 2021, a small storage...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2017: Land Land improvements Plant Asset Accumulated Depreciation $ 350,000 180,000 45,000 1,500,000 350,000 1,158,000 405,000 150,000 112,000 Building Machinery and equipment Automobiles Transactions during 2018 were as follows: a. On January 2, 2018, machinery and equipment were purchased at a total invoice cost of $260,000, which included a $5,500 charge for freight. Installation costs of $27,000 were incurred. b. On March 31,...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Land Land improvements Building Equipment Automobiles Plant Asset $ 350,000 180,000 1,500,000 1,158,000 150,000 Accumulated Depreciation $ 0 45,000 350,000 405,000 112,000 Transactions during 2021 were as follows: a. On January 2, 2021, equipment were purchased at a total invoice cost of $260,000, which included a $5,500 charge for freight. Installation costs of $27,000 were incurred. b. On March 31, 2021, a...
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2012 Plant Asset 315,000 169,568 Land Land improvements Building Machinery and equipment Automobiles 38,009 1,43e,e0e 315,e0e 1,688,00378,809 1e8,580 143,000 Transactions during 2018 were as follows a On January 2, 2018, machinery and equipment were purchased at a total invoice cost of $225,000, which included a $4.800 b. On March 31, 2018, a small storage building was donated to the company The person donating...
e plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2017 Accunulated Plant Asset Depreciation Land Land improvements Building Machinery and equipment Automobiles 350,088 180,808 1,580,888 1,158,e08 158,eee 45,888 358,8 485,8ee 112,900 Transactions during 2018 were as follows January 2, 2018, machinery and equipment were purchased at a total invoice cost of $260,000, which included a $5,500 charge for freight. Installation costs of $27,000 were incurred. three years ago for $25.000. The fair...
Return to question The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2017: Accumulated Depreciation points Land Land improvements Building Machinery and equipment Automobiles Plant Asset $ 500,000 255,000 2,250,000 1,188,000 225,000 60,000 365,000 420,000 127,000 Transactions during 2018 were as follows: a. On January 2, 2018, machinery and equipment were purchased at a total invoice cost of $335,000, which included a $7,000 charge for freight. Installation costs of $42,000 were incurred....
Problem 10-3 (Algo) Acquisition costs [LO10-1, 10-4, 10-6] The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 31, 2020: Accumulated Depreciation Land Land improvements Building Equipment Automobiles Plant Asset $ 370,000 190,000 1,600,000 1,162,000 160,000 47,000 352,000 407,000 114,000 Transactions during 2021 were as follows: a. On January 2, 2021, equipment were purchased at a total invoice cost of $270,000, which included a $5,700 charge for freight. Installation costs of $29,000 were incurred....
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